Nala Secures $40M Series A to Develop B2B Payments Platform and Expand Remittance Services
Nala: Remittance startup expanding to B2B payments.
Series A Funding: Raised $40 million, one of the largest in Africa.
Investors: Led by Acrew...
Jesse Pollak Explains Coinbase’s Launch of Base Blockchain at TechCrunch Disrupt 2024
Coinbase's Base Blockchain: Launched last year as Coinbase's own layer-2 blockchain, Base aims to significantly impact both Coinbase and the entire cryptocurrency industry.
...
Adfin wants to fix bill payments for sole traders and small companies
Company Overview:Name: Adfin
Type: Fintech startup
Location: UK
Founders: Tom Pope (CEO) and Ciprian Diaconasu (CTO)
Funding: Raised $4.9 million in seed...
Uzbekistan mobile bank TBC raises $38.2M to expand its financial products
TBC Bank Uzbekistan Raises $38.2 Million for ExpansionInvestment Details:Total Raised: $38.2 million in equity investment.
Lead Investor: TBC Bank Group ($23 million).
...
ICYMI fintech funding round-up: Lemon.markets, Trustap, Adfin, Accend and more
ICYMI Funding Round-UpLemon.markets:Amount: €12 million seed extension.
Lead: CommerzVentures.
Other Investors: Creandum, Lakestar, Lightspeed, Heliad, System.one.
Purpose: Expand Brokerage-as-a-Service platform across Europe...
Intuit to cut 10% of workforce amid plans to boost investment in “key growth areas” such as AI
Intuit to Cut 1,800 Jobs: Key PointsJob Cuts Announcement:Intuit will cut 10% of its workforce, approximately 1,800 employees.
The announcement was made...
Bain Capital to acquire US fintech Envestnet in $4.5bn deal
Bain Capital to Acquire Envestnet for $4.5 Billion: Key PointsAcquisition Announcement:Bain Capital will acquire US wealth management software provider Envestnet for $4.5...
BNP Paribas inks multi-year deal to implement Mistral AI commercial models across all business lines
BNP Paribas Partners with Mistral AI: Key PointsPartnership Agreement:BNP Paribas has signed a multi-year agreement with Mistral AI.
The deal gives the...
Skipify names former Airbnb Payments chief Sam Shrauger as new COO
Skipify Appoints Sam Shrauger as COO: Key PointsNew Appointment:Skipify has appointed Sam Shrauger, former Airbnb Payments chief, as COO.
This marks a...
